Kraken's Parent Company Payward Expands xStocks to Hong Kong, UK, and Korean Stocks

TechFlow news, July 22. According to CoinDesk, Kraken's parent company Payward announced the expansion of its tokenized stock platform xStocks to markets outside the US and plans to partner with investment infrastructure provider GTN to bring listed stocks from Hong Kong, the UK, Europe, and South Korea on-chain, with further expansion to other asset classes subject to regulatory approval. Currently, xStocks supports over 500 tokenized securities, with cumulative trading volume exceeding $35 billion and nearly 200,000 holders, but the product is currently not open to US investors.